by Big Wave Trader | Dec 13, 2019
Stocks enjoyed higher turnover and price gains on Thursday as headlines crossed the wires indicating phase 1 of a trade deal between the United States and China had been completed. We say heavier volume and solid price gains a positive for this market. Financials were...
by Big Wave Trader | Dec 11, 2019
The last FOMC meeting of the year concludes today with a statement at 2pm. Stocks have paused for a bit as we await news if tariffs go through and what the Fed has to say about interest rates including the health of the economy. Rates have held relatively steady and...
by Big Wave Trader | Dec 9, 2019
Last week was we saw volatility kick up and stocks experience a slight hiccup. Small cap stocks saw their breakout reverse at the start of the week only to see them finish near the high of the week. SPY, QQQ, and IWM all finished at their top of the range for the...
by Big Wave Trader | Dec 5, 2019
It has been one heck of a week for stocks. Monday’s reversal was on the back of Trump tweeting about Latin American Steel tariffs. News reading algos are certainly keen on anything regarding new tariffs. After Tuesday’s opening, the stock market has done a decent job...
by Big Wave Trader | Dec 2, 2019
Clearing the Thanksgiving hurdle, we will look to year-end. How will stocks end up this year? Given there is over 3 trillion parked in Money Market accounts while the Market is at all-time highs suggest there is more room to run. While we can only react to what is in...
by Big Wave Trader | Nov 29, 2019
This has been a solid week for the market as we continue to see the stock market pile on gains. Volume has not gone gangbusters, but given we are in a holiday week it really is no surprise turnover is light. It has been nice to see IWM breaking through its upper...
